Levy Meir Alon 4
Research Summary
AI-generated summary
NICE VP General Counsel Levy Meir Alon Receives 5,000-Share Award
What Happened
- Levy Meir Alon, VP, General Counsel & Corporate Secretary of NICE Ltd. (NICE), was granted a derivative award covering 5,000 shares on 2026-04-01. The Form 4 reports the acquisition as 5,000 shares at $0.00 (derivative), indicating a stock-based award rather than an open-market purchase or sale.
Key Details
- Transaction date: 2026-04-01; reported on a Form 4 filed the same day (timely filing).
- Reported consideration: $0.00 per share (derivative award, not an immediate cash purchase).
- Vesting: The footnote states the stock option will vest in substantially equal installments on April 1 of 2027, 2028, 2029 and 2030.
- Shares owned after transaction: not specified in the provided filing excerpt.
- Transaction type code: A (award/grant); this is a grant of a derivative instrument (stock option).
Context
- This is a compensation-related grant (stock option award) that creates the right to obtain shares in the future as the options vest; it does not reflect an immediate buy or sell in the open market. Such grants are common for executives as part of long-term incentive pay and should be viewed as part of compensation rather than a direct market sentiment signal.